1 September 2022 false No description of principal activity Taxfiler 2023.14 12172643business:PrivateLimitedCompanyLtd2022-09-012023-08-31 121726432022-08-31 121726432022-09-012023-08-31 12172643business:AuditExemptWithAccountantsReport2022-09-012023-08-31 12172643business:FilletedAccounts2022-09-012023-08-31 121726432023-08-31 12172643business:Director12022-09-012023-08-31 12172643business:RegisteredOffice2022-09-012023-08-31 121726432022-08-31 12172643core:WithinOneYear2023-08-31 12172643core:WithinOneYear2022-08-31 12172643core:AfterOneYear2023-08-31 12172643core:AfterOneYear2022-08-31 12172643core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12172643core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 12172643core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12172643core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 12172643core:PreviouslyStatedAmount2023-08-31 12172643core:PreviouslyStatedAmount2022-08-31 12172643business:SmallEntities2022-09-012023-08-31 12172643countries:EnglandWales2022-09-012023-08-31 12172643core:FurnitureFittings2022-09-012023-08-31 12172643core:ComputerEquipment2022-09-012023-08-31 12172643core:FurnitureFittings2022-08-31 12172643core:ComputerEquipment2022-08-31 12172643core:FurnitureFittings2023-08-31 12172643core:ComputerEquipment2023-08-31 121726432021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12172643 (England and Wales)
Mi Ears Ltd Unaudited accounts for the year ended 31 August 2023
Mi Ears Ltd Unaudited accounts Contents
Page
- 2 -
Mi Ears Ltd Company Information for the year ended 31 August 2023
Director
Michael Guy
Company Number
12172643 (England and Wales)
Registered Office
252 High Street Aldershot Hampshire GU12 4LP England
Accountants
Easy Accountants New Forest Enterprise Centre Rushington Business Park Totton Hampshire SO40 9LA
- 3 -
Mi Ears Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,746 
7,815 
Current assets
Cash at bank and in hand
74,841 
127,686 
Creditors: amounts falling due within one year
(26,696)
(70,501)
Net current assets
48,145 
57,185 
Total assets less current liabilities
57,891 
65,000 
Creditors: amounts falling due after more than one year
(6,241)
(7,870)
Net assets
51,650 
57,130 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
51,630 
57,110 
Shareholders' funds
51,650 
57,130 
For the year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 December 2023 and were signed on its behalf by
Michael Guy Director Company Registration No. 12172643
- 4 -
Mi Ears Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Mi Ears Ltd is a private company, limited by shares, registered in England and Wales, registration number 12172643. The registered office is 252 High Street, Aldershot, Hampshire, GU12 4LP, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2022
10,880 
3,756 
14,636 
Additions
7,327 
1,855 
9,182 
At 31 August 2023
18,207 
5,611 
23,818 
Depreciation
At 1 September 2022
5,404 
1,417 
6,821 
Charge for the year
6,203 
1,048 
7,251 
At 31 August 2023
11,607 
2,465 
14,072 
Net book value
At 31 August 2023
6,600 
3,146 
9,746 
At 31 August 2022
5,476 
2,339 
7,815 
- 5 -
Mi Ears Ltd Notes to the Accounts for the year ended 31 August 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
9,484 
19,192 
Loans from directors
13,848 
48,625 
Accruals
3,364 
2,684 
26,696 
70,501 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
6,241 
7,870 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -